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New York · Through 2026-09-11

N.Y. Banking Law § 396-a: Electronic facilities

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Where this section sits in the code
  1. Banking Law
  2. Article 10. Savings and Loan Associations

§ 396-a. Electronic facilities. A savings and loan association may

conduct a banking business, at automated teller machines, point-of-sale

terminals, and similar facilities subject to regulations which may be

promulgated by the superintendent of financial services. Such facilities

shall not be deemed to be branches and shall not be subject to any of

the provisions of this chapter applicable to branches; provided however

that notwithstanding the foregoing, for purposes of paragraph (b) of

subdivision two of section three hundred ninety-six of this chapter,

such facilities shall be deemed to be branches, and such facilities

shall be subject to the terms and conditions of section three hundred

ninety-six, and for purposes of section twenty-eight-b of this chapter,

such facilities shall be deemed to be branches.

Collected 2026-09-14T19:32:44Z. Source file · JSON

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